Budgets & Projections
Latest
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A Preview of the Potentially High-Stakes Fall
Lawmakers have dealt with several Fiscal Speed Bumps – budgetary deadlines – throughout the year, but quite a few will appear over the next few months...
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The Gathering Storm: Fiscal Clouds Amass This Fall
In early 2015, the Committee for a Responsible Federal Budget (CRFB) warned of the upcoming Fiscal Speed Bumps, explaining “lawmakers will face a...
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Are We Borrowing a Million Dollars a Minute?
In talking about foreign aid in the context of his proposed budgets, Sen. Rand Paul (R-KY) said that the federal government is “borrowing a million...
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Did John Kasich Help Balance the Federal Budget as Budget Chairman?
During the debate, Gov. Kasich pointed to his record as a past House Budget Committee Chairman and his ability to balance the federal budget in that...
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Fiscal FactCheck: The First Republican Debate
This blog is the first in a “ Fiscal FactCheck ” designed to examine the accuracy of budget-related statements made during the 2016 presidential...
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Is Sustained 4 Percent Annual Real Growth Achievable?
In response to a question about his plan for 4 percent economic growth, former Gov. Jeb Bush said, “We’ve done it 27 times since World War II. I think...
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Fiscal FactCheck: 16 Budget Myths to Watch Out For in the 2016 Campaign
Update: The original version of this paper had a mathematical typo, saying that Medicare beneficiaries get, on average, 350% more out of the program...
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Is There No Harm in Waiting to Solve Our Debt Problems?
Another debt myth is that even if the long-term debt outlook is a problem, there is no need to address the debt now – it can be dealt with later. This...
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JCT Confirms: Dynamic Scoring Doesn't Make Extenders Look Much Better
Lawmakers have so far been reluctant to pay for the group of temporary tax cuts known as the " tax extenders," instead generally just adding the cost...
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Maya MacGuineas: Debunking Budget Myths Before They Become Part of 2016 Campaign
Maya MacGuineas, president of the Committee for a Responsible Federal Budget, wrote a commentary that appeared in the Wall Street Journal Washington...
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With Deficits Falling, Our Debt Problems are Behind Us
Since the Great Recession, the deficit has fallen by about two-thirds, from $1.4 trillion in 2009 to $485 billion in 2014, a fact that some have used...
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Chicago Tribune Praises First Budget for Forcing Candidates to Confront the Debt
The Chicago Tribune Editorial Board recently highlighted First Budget -- an initiative co-sponsored by the Campaign to Fix the Debt and the Concord...